I think there are precious few people who'd drop $400 big ones on a 38' boat. For that money you can get a used 50' Hinckley or any number of used 40' boats for a 1/4 to 1/2 that price. There is just a limit to what people will pay. There is also the intelligence factor. Who'd be dumb enough to take that expensive a boat on an extensive cruise. For much of the trip, insurance would either be unavailable or grossly expensive. Cruising boats take a lot of abuse. Each little ding is going to cost big time to repair or take a big hit on resale. Those with the money to burn and less ambitious sailing needs are spending stupid money on those outrageously expensive day sailors.